Inv Vk Tr Inv (NYSE:VGM – Get Free Report) announced a monthly dividend on Thursday, October 1st. Stockholders of record on Wednesday, October 14th will be paid a dividend of $0.0646 per share by the investment management company on Friday, October 30th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 8.9%. The ex-dividend date is Wednesday, October 14th. This is a 0.0% increase from Inv Vk Tr Inv’s previous monthly dividend of $0.0646.
Inv Vk Tr Inv Trading Up 1.1%
Shares of NYSE VGM opened at $8.74 on Friday. The firm’s 50-day simple moving average is $9.96 and its 200 day simple moving average is $10.14. Inv Vk Tr Inv has a 12-month low of $8.39 and a 12-month high of $10.66.
About Inv Vk Tr Inv
Invesco Trust for Investment Grade Municipals is a closed-end management investment company listed on the New York Stock Exchange under the symbol VGM. The fund is designed to provide investors with a high level of current income that is generally exempt from regular U.S. federal income tax.
The fund invests primarily in municipal securities issued by states, counties, cities and other governmental entities, as well as related public authorities. Its portfolio focuses on investment-grade municipal bonds and may include securities financing public services and infrastructure such as transportation, education, utilities and health care.
VGM is advised by Invesco, a global investment management firm.
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